American trade official and attorney serving as U.S. trade representative
Nvidia CEO Jensen Huang has joined President Trumps delegation to China and has been pictured in Beijing; the trip has been focusing on trade, AI export controls and Iran. China has not approved any purchases of Nvidias H200 chips and is continuing to push domestic chip development while U.S. export controls remain in place.
The EU has reached a compromise to enact the Turnberry trade accord with the United States, which has pledged to cap many U.S. duties on European goods at 15% while the EU will remove tariffs on U.S. industrial and some farm products. European institutions are racing to complete legislation before a July 4 deadline and recent U.S. tariff moves are hardening opposition in the Parliament.
Canada has formally urged a timely USMCA review and signaled possible extension options as tariffs and trade tensions ripple across North America. Leaders in Ottawa and Washington stress the pact’s value while debates over annual reviews or a 16-year extension intensify.
The United States has proposed tariffs of up to 12.5% on imports from about 59–60 countries, citing failures to curb goods made with forced labour. The EU has negotiated a digital trade deal with South Korea and is preparing new industrial measures to reduce single‑supplier dependence. China has tightened controls on outbound investment and is hosting a steady stream of foreign leaders.
Australia says a new US tariff hike on imports is not linked to its anti-slavery laws, with ministers stressing Australia has mechanisms to tackle modern slavery. The plan, unveiled under a Section 301 investigation, targets 60 countries and could run alongside existing duties during a transition period.
The Trump administration has proposed 10% tariffs on allies and 12.5% on others after reviewing 60 trading partners for enforcement gaps on forced-labor bans. Public comment and hearings are expected before any final decision, with the aim of restoring a level playing field for American workers.
At the G7 in Évian-les-Bains, President Donald Trump has praised Prime Minister Narendra Modi and said the US will defend India if Modi faces attack. The meeting has occurred as bilateral talks on an interim trade deal continue and Washington has proposed new tariffs on imports from 60 economies, including India, over alleged forced labour.
The Indus Waters Treaty remains under strain as India suspends its participation after a Kashmir attack the Pakistan government denies involvement in. Pakistan warns any change to water flows could amount to war, while mediators push for dialogue and adherence to international law.
The United States has declined to renew the US-Mexico-Canada Agreement in its current form and has begun annual reviews instead. Washington has said it will continue talks with Mexico and Canada to address trade deficits and "shortcomings." The pact remains in force and will expire in 2036 unless countries agree changes.
Trump has ordered officials to prepare a potential sweeping embargo on Spain amid a dispute over defense spending, with lawmakers considering IEEPA- based options. Markets react to the tension as the U.S. and Spain navigate a fragile trade relationship amid NATO debates.
The White House has announced 50% tariffs on a wide range of Canadian goods, to take effect in 30 days under Section 338 of the Tariff Act of 1930. The duties will hit products from wine to cement and hockey sticks, exclude energy and critical minerals, and target goods previously protected by the USMCA; Ottawa has called the move a USMCA violation.
The US is weighing a response to Chinese open-weight AI models amid concerns of distillation and IP theft as Moonshot AI’s Kimi K3 shows strong benchmarks. Officials have signaled possible actions while Silicon Valley presses for open access to models to sustain competition.
The White House has hosted industry leaders to discuss a voluntary framework reviewing cybersecurity across the AI sector. OpenAI, Google and Anthropic are involved as the administration finalizes how frontier models will be evaluated under a forthcoming framework.
U.S. officials have accused Chinese startups, most prominently Moonshot, of using distillation to replicate capabilities from Anthropic's Fable and have warned of sanctions and trade restrictions. China has pushed back, industry groups have urged against broad bans, and major U.S. tech firms have publicly defended open-weight models while policymakers debate targeted measures.
The European Commission has fined Google €890m for breaching the Digital Markets Act by self‑preferencing search results and blocking app developers from steering users away from Google Play. President Donald Trump has announced an immediate Section 301 trade investigation and threatened substantial tariffs, raising the prospect of fresh US‑EU trade tensions over tech regulation.
Canada braces for a renewed fight as Washington imposes 50% tariffs on a wide range of imports. Prime Minister Carney leads a united Team Canada in negotiations with Trump’s administration, while provinces warn of disrupted industries and rising uncertainty. Talks aim to avert full escalation before the August 19 deadline.
The United States has set 10% to 12.5% tariffs on imports from 60 countries accounting for 99% of U.S. imports, arguing that they fail to enforce bans on goods made with forced labour. The tariffs take effect as prior global levies expire, with India and others qualifying for lower rates after tightening enforcement.
The United States has set new tariffs on imports tied to forced labor, with 10% duties on partners that have begun enforcing bans and 12.5% for those that have not. The changes take effect at 12:01 a.m. on July 24, as part of a broad push to enforce labor standards in global supply chains.
The United States has launched durable 10%–12.5% tariffs on imports from 60 economies, arguing they fail to enforce bans on goods produced with forced labor. The move takes effect as temporary levies expire, with exemptions for certain products and countries meeting compliance. Analysts warn prices could rise for consumers amid ongoing debates over trade policy.
A coalition of 25 US states has filed suit in the US Court of International Trade to stop 10–12.5% tariffs that took effect in July on goods from about 60 trading partners. Plaintiffs say the administration has used forced‑labour claims to recreate broad levies courts have already struck down; the White House says the duties are lawful under Section 301.
Canada and the United States have resumed intense negotiations to avert looming U.S. tariffs after weeks of tit-for-tat duties. Ottawa has been pressing for a broad, comprehensive deal; Washington is demanding changes including restored U.S. alcohol sales in some provinces and tighter rules on transshipped goods. Leaders say a final agreement remains subject to paperwork.
The United States has imposed 50% duties on about $20bn of Canadian goods after last‑minute trade talks collapsed late Friday. Canadian Prime Minister Mark Carney has suspended negotiations and said Canada will retaliate by matching the tariffs "dollar for dollar." The measures have taken effect early Saturday and will hit goods from wine to hockey equipment.